Vermeulens Releases Q3-2022 Market Outlook
Published 11-21-2022
Vermeulens has released its market outlook report for the third quarter of 2022. Key points include:
Published 11-21-2022
Vermeulens has released its market outlook report for the third quarter of 2022. Key points include:
Published 5-25-2022
When the National Institutes of Health was designing two new cleanroom research facilities, it faced familiar development challenges, including space constraints on an already-crowded campus, strict cleanroom guidelines, and the urgency to get scientists in the lab. The solution: prefabricated modular units. Executed well, the modular units shorten the design and construction schedule, provide better-quality spaces than stick-built laboratories or those employing modular panels that require on-site construction, and perform better for the scientific researchers who work in them.
Published 3-7-2022
Vermeulens has released its market outlook report for the fourth quarter of 2021. Key points include:
Published 3-2-2022
Build the first 14 floors now, then add a 16-story tower a decade or so into the future. That was Northwestern University’s unconventional approach to the construction of the Louis A. Simpson and Kimberly K. Querrey Biomedical Research Center on the Chicago campus of its Feinberg School of Medicine. It wasn’t the only out-of-the-box decision that enabled the university to move forward with its vision of creating a 1.2 million-sf, next-generation research hub about 10 miles south of its main campus in Evanston. Similarly inventive is the ownership arrangement of the first half, which became the largest academic biomedical research building in the U.S. when it opened in 2019. One of the medical school’s three major hospital affiliates, Ann and Robert H. Lurie Children’s Hospital of Chicago, owns four of the nine lab floors (amounting to roughly 160,000 sf) and has easements to four-ninths of all the common space in the 625,000-sf structure.
Published 2-25-2022
Piramal Pharma Solutions broke ground in February of 2022 on a £45 million antibody drug conjugate (ADC) facility in Grangemouth, Scotland.
Published 2-16-2022
While creating generic/flexible lab spaces that can be adapted to a variety of different research needs continues to be the preferred approach—especially in higher education buildings—there is also a growing need for highly specialized lab and support facilities designed for very specific types of research. As a result, facility designers are increasingly tasked with balancing the demand for both open generic/flexible labs and specialized lab spaces in a single building with the added challenge of improving energy efficiency, sustainability, and operating costs.
Published 12-15-2021
Pandemic-induced supply chain issues, increased commodity demand, and regional labor shortages are expected to drive annual construction cost escalation for large capital projects to record highs over the near- to mid-term future. While the compounded escalation rate for non-residential construction costs have trended around 3.5 percent annually for the past 30-plus years, many regions are expected to see double that escalation rate (or more) through at least 2023, according to current market forecasts.
Published 11-22-2021
Autolus Therapeutics broke ground in November of 2021 on a £66 million cell manufacturing facility in Stevenage in the United Kingdom.
Published 11-10-2021
Vermeulens has released its market outlook report for the third quarter of 2021. Key points include:
Published 9-15-2021
The University of Kansas (KU) faced a daunting challenge: more than 11 million sf of facilities in 150 buildings whose average age was 45 years and a deferred maintenance backlog exceeding $350 million. At the same time, the university’s strategic plan set a goal of increasing research and discovery, and the resulting campus master plan prioritized the need for new research facilities. Realizing that goal while addressing the existing challenges could have taken decades using traditional funding models. The solution? The Integrated Science Building, KU’s $180 million large-scale public-private partnership (P3) for interdisciplinary campus development, which is breaking new ground in funding models, integration, management structure, and fundraising activities. With this initiative, the university took a “great leap forward” in academic and research programs, design decisions, space allocations, programming, and critical infrastructure upgrades, as well as making a bold step with the project delivery.